12.
Shrinking or flat budgets for learning
Anecdotal evidence
suggests that apart from
the resources sector &
compliance training
Volumes of training
spend seems to have
decreased in Australia.
Victoria will slash $100
million from its training
budget for the VET
sector by cutting funding
from about $7 a student
hour to as little $1.50 in
many courses.
In the UK, CIPD
reports The median
annual training
budget per
employee was £276,
less than last year
(£350), with a
particularly
dramatic reduction in
the public sector.
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